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Category: Residential

Rakotta converts Montreal offices, hotels into rental apartments

Danny Kucharsky Residential Development Greater Montreal Jul. 27 2022

Rakotta Real Estate is making a habit of transforming former hotels and office buildings in the western sector of downtown Montreal into rental housing aimed at university students, young professionals and young families. Launched in 2012, the company now has

Choice Properties income up, but takes Q2 loss as fair value dips

Steve McLean Residential Shopping Centres National Jul. 25 2022

Choice Properties REIT reported an $11.8-million net loss in Q2 2022, but some positives were also revealed in the July 22 earnings conference call covering the three months ended June 30. Choice (CHP-UN-T) reported six-month net income of $375.2 million,

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